New York Mortgage Trust (NASDAQ:NYMTL) Shares Climb 0.2% – Still a Buy?

New York Mortgage Trust, Inc. (NASDAQ:NYMTL – Get Free Report)’s stock price was up 0.2% during mid-day trading on Thursday. The stock traded as high as $22.50 and last traded at $22.21. 9,847 shares changed hands during mid-day trading, an increase of 44% from the average daily volume of 6,842 shares. The stock had previously closed at $22.16.

New York Mortgage Trust Trading Up 0.2%

The company has a 50-day moving average price of $24.25 and a two-hundred day moving average price of $24.03.

About New York Mortgage Trust

(Get Free Report)

New York Mortgage Trust, Inc is a real estate investment trust focused on acquiring, investing in and managing mortgage-related and residential real estate assets. Its portfolio has included residential mortgage loans, mortgage-backed securities and investments tied to multifamily properties.

The company’s investments may include agency and non-agency mortgage-backed securities, residential loans, and multifamily loans and other real estate-related interests. Its activities are primarily centered on the U.S.

See Also

Receive News & Ratings for New York Mortgage Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New York Mortgage Trust and related companies with MarketBeat.com's FREE daily email newsletter.